Published Friday, 29 June 2012
Sean Quinn was once Ireland's richest man has been found in contempt of court. (© PA)
At the High Court in Dublin, Quinn, his son Sean and nephew Peter Darragh Quinn, were found to have been "blatantly dishonest and deceitful" over attempts to move assets and hide them from the rebranded zombie bank.
"I find it disappointing, at even this late stage, there seems to be no acknowledgment of the wrongdoing that has been done by the respondents in relation to specific matters that have been done," the judge said.
Mrs Justice Elizabeth Dunne ordered the Quinns to disclose all assets worldwide, whether they held an interest in them jointly or solely.
The court further ordered that a receiver be appointed, pending a full trial, and that the trio must resign from any role in any company or body within the Quinns' International Property Group.
Fermanagh-born Sean Quinn, 65, owes the Irish Bank Resolution Corporation €2.8bn after running up unprecedented losses through secret stock investments in the Anglo.
The three men were found in contempt of court on issues linked to ownership and transfer of ownership of the €114m Kutuzoff Tower in Moscow; the €62m Ukrania Shopping Centre in Ukraine; and a €64m office block in Hyderabad in India.
© UTV News